"I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power." - Thomas Jefferson 1820

"There is a growing technology of testing that permits us now to do in nanoseconds things that we shouldn't be doing at all." - Dr. Gerald Bracey author of Rotten Apples in Education

Search This Blog

Friday, August 19, 2011

More Millionaire Pension Information for Missouri Teachers, Administrators and Public Employees

We recently relayed information from Taxpayers United of America detailing the millions of dollars of estimated pensions of administrators and teachers in St. Louis County. The group was scheduled to make subsequent stops in Jefferson City, Springfield and Kansas City detailing the wages and estimated pensions from administrators, teachers and public state employees in those districts.

The reports include state employee wage and estimated pension information. The data was gathered from FOIA requests.

Here is the organization's mission from its website:

Taxpayers United of America is now fighting tax increases and reckless spending in states surrounding Illinois, and is planning to assist taxpayers and local taxpayer groups nationwide.

The organization has published its findings on this information:

From the Kansas City press release:

“Heading the list of Jackson County public school Teachers’ Top 100 salaries and estimated pensions is John Covington of Kansas City Sch. Dist. 33, pulling in generous total wages of $250,000. When Covington retires, his pension is estimated to start at $195,000 a year — $16,250 a month. Over a normal lifetime, he will collect an astounding $8,385,000 in estimated total pension payments.”*

Jim Hinson of Independence Sch. Dist. 30 receives total wages of $208,600. When Hinson retires, his pension is estimated to start at $163,950 a year — $13,662 a month. Over a normal lifetime, he will collect $7,049,850 in estimated total pension payments.”

“In the State of Missouri, unemployment is 8.8%, the average wage is $45,000, and the median housing value is $135,000.”

From the Springfield press release:

“Heading the list of Greene County public school Teachers’ Top 100 salaries and estimated pensions is Norman Ridder of Springfield Sch. Dist. R-XII, pulling in generous total wages of $156,193. When Ridder retires, his pension is estimated to start at $124,645 a year — $10,387 a month. Over a normal lifetime, he will collect an astounding $5,359,724 in estimated total pension payments.”*

“Vern Minor of Republic Sch. Dist. R-III receives total wages of $147,676. When Minor retires, his pension is estimated to start at $118,257 a year — $9,855 a month. Over a normal lifetime, he will collect $5,085,051 in estimated total pension payments.”

From the Jefferson City press release:

“Heading the list of Jefferson City public school Teachers’ Top 25 salaries and estimated pensions is Brian Mitchell of Jefferson City Sch. Dist., pulling in generous total wages of $180,400. When Mitchell retires, his pension is estimated to start at $142,800 a year — $11,900 a month. Over a normal lifetime, he will collect an astounding $6,140,400 in estimated total pension payments.”*

“Julia Sharpe of Jefferson City Sch. Dist. receives total wages of $136,500. When Sharpe retires, her pension is estimated to start at $109,875 a year — $9,156 a month. Over a normal lifetime, she will collect $4,724,625 in estimated total pension payments.”

“Arthur Allen of Jefferson City Sch. Dist. receives total wages of $119,030. When Allen retires, his pension is estimated to start at $96,773 — $8,064 a month. Over a normal lifetime, he will collect $4,161,218 in estimated total pension payments.”

The report also chronicles other highly projected future pensions in Missouri government:

“Of the Top 100 Missouri government pensions, Willis Magruder, formerly of Truman State University, receives an estimated annual pension including Social Security of $185,531 — $15,461 a month.”**

“Dean Hubbard, formerly of Northwest MO State University, receives an estimated annual pension including Social Security of $172,245 — $14,354 a month.”

“Nicholas Bartulica, formerly with the Mental Health Department, receives an estimated annual pension including Social Security of $145,525 — $12,127 a month.”

** Until 2011, State Employees contributed zero toward their pensions. After 2011 they will contribute 4%.

All pdfs from these districts detailing the top 100 Millionaire Pensions can be accessed from each individual district page listed in the links above.










1 comment:

  1. It's very difficult to get straight information about teacher pensions on the Web. I want to know what percentage of teacher's pensions in Joplin, Mo. are funded by tax dollars. I was told by a teacher that their pensions come entirely from their own investments in the fund and not from tax dollars. Anyone know where I can get the facts? Guy

    ReplyDelete

Keep it clean and constructive. We reserve the right to delete comments that are profane, off topic, or spam.

Site Meter